Gold Blog

Deepening Crisis In Hyper-inflationary Venezuela and Zimbabwe

– Deepening Crisis In Hyper-inflationary Venezuela and Zimbabwe – Real inflation in Zimbabwe is 313 percent annually and 112 percent on a monthly basis – Venezuela’s new 100,000-bolivar note is worth less than USD 2.50 – Maduro announces plans to eliminate all physical cash – Gold rises in response to ongoing crises A military coup-de-grace in […]

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UK Debt Crisis Is Here – Consumer Spending, Employment and Sterling Fall While Inflation Takes Off

– UK debt crisis is here – consumer spending, employment and sterling fall while inflation takes off  – Personal debt crisis coming to fore – litigation cases go beyond 2008 levels – October consumer spending fell by 2% in October, the fastest year-on-year decline in four years – Britons ‘face expensive Christmas dinner’ as food price inflation […]

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Protect Your Savings With Gold: ECB Propose End To Deposit Protection

– Protect Your Savings With Gold: ECB Propose End To Deposit Protection – New ECB paper proposes ‘covered deposits’ should be replaced to allow for more flexibility – Fear covered deposits may lead to a run on the banks – Savers should be reminded that a bank’s word is never its bond and to reduce […]

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Internet Shutdowns Show Physical Gold Is Ultimate Protection

– Internet shutdowns (116 in two years) show physical gold is ultimate protection – Number of internet shutdowns increased in 2017 as 30 countries hit by shutdowns – Democratic India experienced 54 internet shutdowns in last two years; Brazil 2 – EU country Estonia, a technologically advanced nation, experienced a shutdown – Gallup poll shows Americans […]

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Gold Coins and Bars Saw Demand Rise 17% to 222T in Q3

– Gold coins and bars saw demand rise 17% to 222t in Q3, driven largely by China – Chinese investors bought price dips, notching up fourth consecutive quarter of growth – Jewellery, ETF demand fell while gold coins and bars saw increased demand  – Central banks bought a robust 111t of gold bullion bars (+25% y-o-y) […]

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Prepare For Interest Rate Rises And Global Debt Bubble Collapse

– Diversify, rebalance investments and prepare for interest rate rises – UK launches inquiry into household finances as £200bn debt pile looms – Centuries of data forewarn of rapid reversal from ultra low interest rates – 700-year average real interest rate is 4.78% (must see chart) – Massive global debt bubble – over $217 trillion (see […]

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Platinum Bullion ‘May Be One Of The Only Cheap Assets Out There’

Platinum Bullion ‘May Be One Of The Only Cheap Assets Out There’ Platinum “may be one of the cheap assets out there” and “is cheap when compared with stocks or bonds” according to Dominic Frisby writing in the UK’s best selling financial publication Money Week. Platinum Bullion in USD (15 years) Frisby writing in Money Week laments the total absence of […]

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World’s Largest Gold Producer China Sees Production Fall 10%

– Gold mining production in China fell by 9.8% in H1 2017  – Decreasing mine supply in world’s largest gold producer and across the globe – GFMS World Gold Survey predicts mine production to contract year-on-year – Peak gold production being seen in Australia, world’s no 2 producer – Peak gold production globally while global […]

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German Investors Now World’s Largest Gold Buyers

– German gold demand surges from 17 ton-a-year to a 100 ton-plus per year – €6.8 Bln spent on German gold investment products in 2016, more per person than India and China – Germans turned to gold during financial crises and ongoing euro debasement – Evidence of latent retail demand on increased economic concerns – “Gold fulfils an […]

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Gold Price Reacts as Central Banks Start Major Change

– Bank of England raised interest rates for the first time in ten years – President Trump announces Jerome Powell as his choice to lead the U.S. Federal Reserve – Most investors outside the US Dollar and Euro see gold prices climb after busy week of central bank news – Inflation now at five-year high of 3% […]

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Why Switzerland Could Save the World and Protect Your Gold

– Precious metals advisor Claudio Grass believes Switzerland can serve as an example to rest of world – Switzerland popular for gold storage due to understanding of the risks inherent in fiat money and gold’s value as a store of wealth. – International investors opt to store gold in Swiss allocated accounts due to tradition of respecting […]

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Invest In Gold To Defend Against Bail-ins

– Italy’s Veneto banking meltdown destroyed 200,000 savers and 40,000 businesses – EU bail-in rules have wiped out billions for savers and and businesses, with more at risk  – Bail-ins are not unique to Italy, all Western savers are at risk of seeing savings disappear –  Counterparty-free, physical gold bullion is best defence against bail-ins One of Italy’s […]

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Stumbling UK Economy Shows Importance of Gold

– UK economy outlook bleak amid Brexit, debt woes and rising inflation – Confidence in UK housing market at five-year low – UK high street sales crash at fastest rate since 2009 – Number registering as insolvent in England and Wales hit a five-year high in Q3 – UK public finance hole of almost £20bn […]

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Wozniak and Thiel Fuel Bitcoin-Gold Debate: Gold Comes Out On Top

– Gold versus bitcoin debate makes further headlines as tech experts weigh in – Peter Thiel tells Saudi conference he believes bitcoin is underestimated and compares to gold – Steve Wozniak tells Money 20/20 that bitcoin is a better standard of value than gold and U.S. dollar -Both men recognise that the US dollar has little value […]

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Russia Buys 34 Tonnes Of Gold In September

– Russia adds 1.1 million ounces to reserves in ongoing diversification from USD – 34 ton addition brings Russia’s Central Bank holdings to 1,779t; 6th highest – Russia’s gold reserves are at highest point in Putin’s 17-year reign – Russia’s central bank will buy gold for its reserves on the Moscow Exchange – Russia recognises gold’s role […]

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Gold Will Be Safe Haven Again In Looming EU Crisis

– Gold will be safe haven again in looming EU crisis – EU crisis is no longer  just about debt but about political discontent – EU officials refuse to acknowledge changing face of politics across the union – Catalonia shows measures governments will use to maintain control – EU currently holds control over banks accounts and […]

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Gold Is Valuable Due to “Extreme Rarity” – Must See CNN Video

– Gold’s value due to exceptional rarity: 0.00000002% of earth’s crust is gold – Gold’s allure and psychology behind it are steeped in history – Gold’s colour and texture appeals to basic human survival instincts – Gold’s sheen resembles water and “humans need water in order to survive”  – Gold remains a sign of wealth but today is also […]

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Gold Is Better Store of Value Than Bitcoin – Goldman Sachs

– Gold is better store of value than bitcoin – Goldman Sachs report – Gold will continue to perform well thanks to uncertainty and wealth demand – Bitcoin’s volatility continues to impact its role as money – Gold up 12% in 2017, bitcoin over 600% – BTC is six times more volatile than gold – see […]

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Next Wall Street Crash Looms? Lessons On Anniversary Of 1987 Crash

– Next Wall Street Crash looms? Lessons on anniversary of crash – 30 years since stock market  ‘Black Monday’ crash of 1987 – Dow Jones Industrial Average fell 22.6% on October 19, 1987 – S&P 500, FTSE and DAX fell 20%, 11% & 9% respectively – Gold rose 24.5% in 1987 (see chart), acting as safe […]

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Key Charts: Gold is Cheap and US Recession May Be Closer Than Think

by Dominic Frisby of Money Week Every year, Ronald-Peter Stoeferle and Mark J Valek of investment and asset management company Incrementum put together the report In Gold We Trust – 160-plus pages of charts and thoughts, mostly gold-related, on the state of the world’s finances. There’s so much to look at and consider. It’s a sort of digital equivalent of […]

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Silver Prices To Surge - JP Morgan Has Acquired A "Massive Quantity of Physical Silver"

Silver Prices To Surge - JP Morgan Has Acquired A "Massive Quantity of Physical Silver" - JP Morgan continues to accumulate the biggest stockpile of physical silver in history - "JPM now holds more than 133m oz -more than was[...]

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98,750,067,000,000 Reasons to Buy Gold in 2018

98,750,067,000,000 Reasons to Buy Gold in 2018 - World equity index market capitalization touching distance of $100 trillion dollars at beginning of December - Key indicators across global financial markets are looking decidedly bubble-like - Little indication that we are[...]

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Gold Prices Rise To $1,326/oz as China U.S. Treasury Buying Report Creates Volatility

- Gold prices rise to $1,326/oz on concerns China may slow U.S. Treasury buying - Equities fell sharply on the report as did Treasurys and the U.S. dollar - Chinese officials think U.S. debt is becoming less attractive compared to other[...]

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